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BNY Mellon Officially Launches Crypto Custody ServiceEx-CEO of failed Kansas bank charged with embezzling $47 million. Federal prosecutors allege that Shan Hanes, the former CEO of the now defunct. BNY Mellon's attempts to custody crypto assets have hit regulatory speed bumps over definitions and technicalities. The challenges in the custody of digital assets are not only the concerns around the security of the private key and transaction addresses, but also how to.
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